Karø Invest ApS — Credit Rating and Financial Key Figures

CVR number: 60941610
Lyshøjen 8, 8520 Lystrup

Company information

Official name
Karø Invest ApS
Established
1969
Company form
Private limited company
Industry

About Karø Invest ApS

Karø Invest ApS (CVR number: 60941610) is a company from AARHUS. The company recorded a gross profit of -66 kDKK in 2023. The operating profit was -142.8 kDKK, while net earnings were 494.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Karø Invest ApS's liquidity measured by quick ratio was 168.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 124.21-29.8596.64-63.57-66.02
EBIT- 275.13-68.0237.21- 117.49- 142.82
Net earnings53.10-6.39331.3647.42494.81
Shareholders equity total4 890.774 884.385 215.745 263.165 757.98
Balance sheet total (assets)5 080.155 078.025 312.035 279.795 791.91
Net debt-4 895.69-4 718.94-5 041.34-4 966.67-5 522.44
Profitability
EBIT-%
ROA-3.8 %-0.5 %8.2 %2.1 %10.2 %
ROE1.1 %-0.1 %6.6 %0.9 %9.0 %
ROI-3.9 %-0.5 %8.4 %2.1 %10.2 %
Economic value added (EVA)- 236.52-55.8520.71- 135.42- 141.03
Solvency
Equity ratio96.3 %96.2 %98.2 %99.7 %99.4 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio26.825.053.3310.0168.5
Current ratio26.825.053.3310.0168.5
Cash and cash equivalents4 895.694 718.945 041.424 967.625 522.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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